Terreno Realty Corporation (TRNO)

NYSE: TRNO · Real-Time Price · USD
61.21
-0.10 (-0.16%)
Jan 17, 2025, 4:00 PM EST - Market closed
-0.16%
Market Cap 6.10B
Revenue (ttm) 365.40M
Net Income (ttm) 165.21M
Shares Out 99.74M
EPS (ttm) 1.79
PE Ratio 34.18
Forward PE 41.72
Dividend $1.88 (3.07%)
Ex-Dividend Date Dec 13, 2024
Volume 979,097
Open 61.83
Previous Close 61.31
Day's Range 61.15 - 62.33
52-Week Range 53.78 - 71.63
Beta 0.91
Analysts Hold
Price Target 67.11 (+9.64%)
Earnings Date Feb 5, 2025

About TRNO

Terreno Realty Corporation (“Terreno”, and together with its subsidiaries, the “Company”) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Northern New Jersey/New York City; Los Angeles; Miami; San Francisco Bay Area; Seattle and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these condensed notes to the consolidated financial statements are unaudited. As of September 30, 2024, the Company owned 294 buildings (including two properties consisting of three buildings he... [Read more]

Sector Real Estate
IPO Date Feb 10, 2010
Employees 42
Stock Exchange NYSE
Ticker Symbol TRNO
Full Company Profile

Financial Performance

In 2023, Terreno Realty's revenue was $323.59 million, an increase of 17.15% compared to the previous year's $276.21 million. Earnings were $150.75 million, a decrease of -23.54%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for TRNO stock is "Hold." The 12-month stock price forecast is $67.11, which is an increase of 9.64% from the latest price.

Price Target
$67.11
(9.64% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Terreno Realty Corporation Sells Property in South San Francisco, CA for $8.0 Million

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in South San Francisco, CA for $8.0 Million.

3 days ago - Business Wire

California REITs see rating upgrades in the wake of fires

CNBC's Diana Olick reports on REIT performance post-California wildfires.

Other symbols: AVBDEIEGPEQRESS
5 days ago - CNBC Television

5 Signs Of Unmatched Quality In Terreno Realty

Terreno's insider ownership, strategic property locations, and low leverage set it apart, with management demonstrating excellent capital allocation and property flipping skills. Terreno's valuation, ...

6 days ago - Seeking Alpha

Terreno Realty Corporation Sells Property in Union City, CA for $16.9 Million

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Union City, CA for $16.9 Million.

12 days ago - Business Wire

Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, in...

12 days ago - Business Wire

REITs Say 'Good Riddance' To 2024

U.S. equity markets sputtered in a choppy final week of 2024 as investors returned from the holidays with trepidation following the best two-year run for the S&P 500 since 1997-1998. The S&P 500 finis...

15 days ago - Seeking Alpha

Terreno Realty Corporation Acquires Property in Queens, NY for $50.1 Million

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Queens, NY for $50.1 Million.

20 days ago - Business Wire

My Top 10 REITs For 2025

Over 15 years, I've seen the REIT sector evolve, allowing small investors to own diverse properties like cell towers, data centers, and casinos. Inspired by Warren Buffett, I analyze REITs by their co...

20 days ago - Seeking Alpha

Terreno Realty Corporation Acquires Property in Doral, FL for $195.6 Million

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Doral, FL for $195.6 Million.

21 days ago - Business Wire

Terreno Realty Corporation Announces Completion of Redevelopment in Rancho Dominguez, CA

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Completion of Redevelopment in Rancho Dominguez, CA.

27 days ago - Business Wire

Terreno Realty Corporation Announces Lease in Hialeah, FL

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in Hialeah, FL.

4 weeks ago - Business Wire

Terreno Realty Corporation Acquires Property in Brooklyn, NY, for $156.3 Million

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Brooklyn, NY, for $156.3 Million.

5 weeks ago - Business Wire

Terreno Realty Corporation Sells Property in Newark, NJ for $29.8 Million

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Newark, NJ for $29.8 Million.

5 weeks ago - Business Wire

Sector Spotlight: Industrial REITs - Still A Real Estate Darling?

The industrial REIT sector has seen significant price corrections due to changing macroeconomic factors, making current pricing more investible. Investor enthusiasm has waned, reflected in falling AFF...

6 weeks ago - Seeking Alpha

Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...

6 weeks ago - PRNewsWire

Terreno Realty Corporation Acquires Property in Long Island City Queens, NY for $7.6 Million

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Long Island City Queens, NY for $7.6 Million.

6 weeks ago - Business Wire

12 REITs Poised For Potential Outperformance

As REIT prices rise, high-yield opportunities dwindle, making this a good time to focus on dividend growth for better long-term returns. Dividend growth stocks, despite lower initial yields, can surpa...

7 weeks ago - Seeking Alpha

Terreno Realty: Mixed Signals

Terreno Realty shifted focus from nominal growth to deleveraging, raising questions about internal valuation. The company has a distinguished and so far successful long-term investment philosophy. Des...

7 weeks ago - Seeking Alpha

Terreno Realty Corporation Announces Lease in Avenel, NJ

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in Avenel, NJ.

7 weeks ago - Business Wire

Terreno Realty Corporation Sells Property in Doral, FL, for $20.6 Million

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Doral, FL, for $20.6 Million.

2 months ago - Business Wire

Terreno Realty Corporation Announces Development Completion in Hialeah, FL

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Development Completion in Hialeah, FL.

2 months ago - Business Wire

Terreno Realty Corporation Announces Redevelopment Completion in Hawthorne, CA

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Redevelopment Completion in Hawthorne, CA.

2 months ago - Business Wire

Terreno Realty Corporation Sells Property in Union City, CA for $13.0 Million

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Union City, CA for $13.0 Million.

2 months ago - Business Wire

Terreno Realty Corporation Announces Lease Renewal in Jamaica Queens, NY

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease Renewal in Jamaica Queens, NY.

2 months ago - Business Wire

Terreno Realty Corporation Declares Quarterly Dividend, Announces New Stock Repurchase Program and Files Third Quarter 2024 Financial Statements

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Declares Quarterly Dividend, Announces New Stock Repurchase Program and Files Third Quarter 2024 Financial Statements.

2 months ago - Business Wire